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URBAN DEMAND SLUMP
Budget may trigger consumption revival as purchasing power increases for middle class: FMCG companiesThe budget aims to boost urban consumption by increasing the disposable income of the middle class through significant tax relief measures....
FMCG companies back premiumisation to revive urban market in 2025Urban demand in the FMCG sector is expected to recover by mid-2025. Companies are focusing on premium products to drive growth despite curr...
Marico CEO makes light of gloom over urban consumption, calls it a temporary blipThe dip that India's urban consumer market is facing is temporary, Marico's CEO said. Food inflation is impacting spending at present, and ...
India has entered cyclical growth slowdown, RBI's 7.2 pc estimate 'overly optimistic': NomuraNomura reports that the Indian economy is experiencing a cyclical growth slowdown, with urban consumption indicators weakening. The brokera...
Growth to hold steady, but global risks Remain: FinMinThe finance ministry anticipates steady economic growth in the coming quarters, driven by increased public expenditure and a strengthening ...
Q1 growth seen in slow motion on manufacturing slump, lower government spending amid pollsIndia's growth in Q1 FY25 slowed to a median 6.85%, impacted by lower urban consumption, weakened manufacturing, and reduced government spe...
Cement industry expected to grow 13% by volume in FY22: Crisil RatingsThe increased sales volume will counterweigh the impact of rising power and fuel costs on cash accruals and will keep the credit outlook of...
Petrol sales down 61%, diesel 56.5% in Apr; slight pick-up in 2nd half, more expected in MayOverall fuel sales during the month declined by 50% from a year ago, according to provisional industry data provided by two sources, who as...
Economists eye silver lining in India's rising rural inflation numbersEconomists say the inflation numbers could also signal some momentum returning to rural growth.
Revival in the cement industry may take another year: HDFC SecuritiesThe vulnerability is higher for companies which derive bulk of their profitability from higher trade sales," the report said.
Rural slump, muted urban demand hit the brakes on auto sectorStocks of automobile cos have slipped up to 5% in the past month with the BSE auto index seeing muted gain of about a per cent.
Dalal Street bullish on companies focused on urban consumptionAnalysts said investors could opt for Britannia, Bajaj Finance, Jubilant Foodworks, Marico and Bajaj Corp among others to bet on firming ur...
- Chennai developers told to tap BoP segement
Chennai property builders are reconciling to the fact that they have all along been targeting the top-end of the pyramid.
- Cement sector on steady growth path, says industry body
Despite an economic slowdown and slump in the housing sector, the cement sector continues to be steady with another 50 million tonnes capac...
- Core growth shrinks to 1.4% in Jan
The growth rate of the six infrastructure industries - crude oil, refinery products, coal, power, cement and finished steel - slumped to 1....
- Happy Diwali! No dip in rural consumption
Marketers are coming round to the view that sentiment slump is a city phenomenon.
- Happy Diwali! No dip in rural consumption
Marketers are coming round to the view that sentiment slump is a city phenomenon.